Almunia silent on date for Lithuanian euro entry

EU economic and monetary affairs commissioner Joachim Almunia declined to set a date for Lithuania to enter the eurozone in a speech Monday 2 October.

The European Commission and the European Central Bank said that it did not meet the inflation test for joining the single currency in May.

'I want to emphasise that I do not want to speculate on what might be the most realistic target date now,' Almunia said in a speech in Vilnius.

He recognised that the decision had caused anger, calling it a "sore

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